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ecbank sep12 22may20 Policymakers are ready to boost stimulus measures as early as June after the coronavirus, or Covid-19, pandemic hurt the euro area economy severely and cast a pall over the near term outlook, minutes of the April 29-30 policy session signaled Friday.

Latvia's unemployment rate increased in the three months ended March, figures from the Central Statistical Bureau showed Friday. The jobless rate rose to 7.4 percent in the first quarter from 6.0 percent in the fourth quarter. In the corresponding period of 2019, the unemployment rate was 6.9 percent. The...

Poland's retail sales fell sharply in April as restrictions introduced due to coronavirus pandemic hurt demand, figures from Statistics Poland showed on Friday. Retail sales fell 22.9 percent year-on-year in April versus an 11.9 percent increase in the same month last year. Economists had expected...

Turkey's manufacturing capacity utilization rate increased in May, figures from the Turkish central bank showed on Friday. The capacity utilization rate rose to 62.6 percent in May from 61.6 percent in April. On a seasonally adjusted basis, the capacity utilization rate increased to 62.7 percent...

Lithuania's industrial production declined in April, figures from Statistics Lithuania showed on Friday. Industrial production decreased a working-day adjusted 11.4 percent year-on-year in April. Manufacturing output fell 13.0 percent annually in April. Meanwhile, excluding refined petroleum, manufacturing...

ukpublicfinancedata july19 22may20 The stimulus measures taken by the British government to shield the economy from the downturn posed by the coronavirus, or Covid-19, have pushed the budget deficit to a record high in April, data published by the Office for National Statistics showed on Friday. Another report from the ONS showed that high street sales declined at a record pace in April as many stores were temporarily closed.

Ireland's wholesale prices declined at the fastest pace in ten months in April, the Central Statistics Office reported on Friday. Wholesale prices decreased 6.1 percent annually in April, following a 4.2 percent decline in March. This was the biggest fall since June 2019, when prices decreased 6.8...

UK retail sales declined at a record pace in April as many stores were temporarily closed to contain the spread of coronavirus, or Covid-19, data published by the Office for National Statistics showed on Friday. The UK budget deficit widened to a record high in April due to the unprecedented increase...

preview oct29 22may20 Retail sales and public sector finance reports from the UK are due on Friday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics publishes UK retail and government borrowing figures for April. Economists forecast retail sales including auto fuel to decline 16 percent on a monthly basis after easing 5.1 percent in March.

eurozonepmi 022117 21may20 The euro area private sector remained stuck in its deepest downturn ever in May, but the pace of decline slowed as the economy began to partly emerge from the coronavirus lockdown, flash survey results from IHS Markit showed Thursday. The composite output index rose to 30.5 in May from a record low 13.6 in April. The score has remained below 50 no-change mark.

ukpmi aug03 21may20 UK private sector output remained on a steep downward trajectory in May as lockdown to curb the spread of coronavirus, or Covid-19, weighed on almost all business activity, the flash survey results published by IHS Markit revealed on Thursday. The flash IHS Markit/Chartered Institute of Procurement & Supply composite output index rose to 28.9 in May from 13.8 in April.

Slovenia's output prices fell for a second straight month in April, figures from the Statistical Office of the Republic of Slovenia showed on Thursday. Output prices fell 0.4 percent year-on-year in April, following a 0.6 percent decrease in March. Domestic market output prices grew 0.3 percent, while...

Turkey's central bank decided to cut its interest rates by 50 basis points as widely expected, as coronavirus pandemic dampened exports, domestic demand and tourism. The Monetary Policy Committee of the Central Bank of the Republic of Turkey, led by Governor Murat Uysal, cut the policy rate, which...

Poland's industrial production declined at a faster-than-expected rate in April, and producer prices fell for the second straight month, figures from the Statistics Poland showed on Thursday. Industrial production decreased 24.6 percent year-on-year in April. Economists had expected a 10.0 percent...

UK manufacturing output declined at the fastest pace on record in May as factories are grappling with the impact of the coronavirus pandemic, survey results from the Confederation of British Industry showed Thursday. The output volume balance fell to -54 percent in May from -21 percent in April,...

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